The Purchaser is responsible for sourcing, negotiating, and buying products required for the retail store's operations. This role ensures that the right products are purchased at the right time, quality, and price to meet customer demand and support the company's profitability goals. The Purchaser works closely with suppliers, store managers, and inventory teams to maintain adequate stock levels and manage vendor relationships.
Responsibilities:
- Source and evaluate suppliers to ensure quality, competitive pricing, and reliability.
- Negotiate terms, contracts, and pricing with vendors.
- Prepare and process purchase orders and monitor order status.
- Coordinate with store managers and inventory teams to forecast demand and ensure stock availability.
- Track deliveries and resolve issues related to delays, shortages, or damaged goods.
- Maintain updated supplier and product records (prices, contracts, delivery schedules).
- Monitor market trends, competitor pricing, and new product opportunities.
- Ensure compliance with company policies, budget guidelines, and purchasing procedures.
- Assist in preparing purchasing reports for management review.
Job Requirements:
- Bachelor's degree in Business Administration, Marketing, or related field (preferred).
- Minimum 1 year experience in purchasing/procurement, preferably in retail industry.
- Knowledgeable of retail operations, product sourcing, and supplier management.
- Strong negotiation and communication skills.
- Detail-oriented with strong organizational and time-management skills.
Skills Required
- Purchasing and procurement expertise
- Negotiation and supplier relationship management
- Retail product knowledge and market awareness
- Team collaboration and communication